Category: Beyond

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CERT-In flags sharp rise in AI-driven cyber threats

India’s cyber security agency CERT-In has issued a fresh warning about the rapid rise of AI-powered cyber attacks, saying that artificial intelligence is increasingly being used to launch more advanced and harder-to-detect online threats.

According to the advisory, cybercriminals are using AI tools to create more convincing phishing emails, automate attacks, and bypass traditional security systems. The agency said this marks a major shift in the scale and sophistication of cybercrime in recent years.

CERT-In has urged companies and government organisations to strengthen their cybersecurity systems, improve threat monitoring and adopt advanced defence technologies to counter evolving risks.

The agency also advised regular security audits, employee awareness training and faster response systems to reduce the impact of potential breaches.

CERT-In has warned that without stronger safeguards, critical infrastructure, financial systems and private data could become more vulnerable to cyber threats in the future.

Also Read: HDFC Bank falls on ₹45 cr probe reports

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Government warns industries on retail fuel use

The Central government has asked industrial consumers not to purchase petrol or diesel from retail fuel stations, saying there is no shortage of fuel in the country. The advisory comes amid reports that some industries were increasingly sourcing fuel from retail outlets instead of authorised bulk suppliers.

Officials from the Petroleum Ministry clarified that India’s fuel supply position remains comfortable and there is no disruption in petrol or diesel availability. The government said industries should continue procuring fuel through approved commercial and bulk supply channels as per existing norms.

According to officials, retail fuel pumps are primarily meant for public and transport-related consumption. Any sudden shift in industrial demand towards retail outlets could create unnecessary pressure on local fuel stations and affect supply management.

The government also warned against panic buying and said rumours around fuel shortages were misleading. Authorities stated that oil marketing companies have adequate inventories and supply chains are functioning normally across states.

Oil companies have reportedly been asked to monitor fuel sales and identify unusual bulk purchases at retail pumps. Officials are also keeping a close watch on distribution networks to ensure uninterrupted supply to both industries and regular consumers.

The clarification comes at a time when global crude oil markets remain volatile due to geopolitical tensions and international supply concerns. Despite fluctuations in crude prices, the government said India’s domestic fuel availability remains stable.

Also Read: Reliance sets June 5 as dividend record date

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Gold slips to ₹1,58,280, silver falls to ₹2,84,900

Gold and silver prices edged lower on Thursday as uncertainty in global markets continued to affect investor sentiment. The fall was minor, but traders remained cautious amid rising geopolitical tensions and fluctuations in the US dollar.

The price of 24-carat gold dipped by ₹10 to ₹1,58,280 per 10 grams in major Indian cities. Similarly, 22-carat gold also slipped by ₹10 and was trading at ₹1,45,090 per 10 grams.

In cities such as Mumbai, Kolkata and Hyderabad, gold prices remained largely steady at similar levels. Chennai continued to record slightly higher rates, with 24-carat gold priced at ₹1,59,810 per 10 grams. In Delhi, the rate stood at ₹1,58,430.

Silver prices also witnessed a small decline. The metal became cheaper by ₹100, bringing the price to ₹2,84,900 per kilogram in Delhi, Mumbai and Kolkata. Chennai reported higher silver prices at ₹2,89,900 per kg.

Market experts said the slight correction in bullion prices was mainly linked to international developments. A stronger US dollar reduced the appeal of gold for overseas buyers, while fresh geopolitical concerns added pressure on global commodity markets.

In the international market, spot gold prices slipped nearly 0.8 per cent, while silver prices also declined. Platinum and palladium recorded mild losses during the session.

Despite the dip, analysts believe gold continues to remain a preferred safe-haven asset for long-term investors, especially during periods of global economic uncertainty.

Reports of rising tensions involving the United States and Iran also pushed crude oil prices higher, increasing fears of inflation and uncertainty around future interest rate decisions by central banks.

Also Read: Air India, IndiGo to slash domestic flights from June

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Air India, IndiGo to slash domestic flights from June

India’s two largest airlines, Air India and IndiGo, are set to reduce more than 100 domestic flights each per day starting June, leading to changes in schedules across several routes.

The decision comes as airlines continue to deal with operational pressures, including restricted airspace availability, longer flying times and aircraft-related issues. The temporary cuts are expected to affect multiple domestic sectors, though both carriers have said efforts are being made to minimise inconvenience for passengers.

IndiGo, the country’s largest airline, will reduce around 165 daily flights from its domestic network. Air India is also expected to suspend or reduce over 100 daily services. The revised schedules are likely to remain in place at least until mid-July, according to reports.

A major reason behind the changes is the continued closure of parts of northern airspace following recent geopolitical tensions in the region. With some air routes unavailable, airlines are being forced to take longer paths for several flights, increasing travel time, fuel consumption and operational costs.

Apart from airspace restrictions, airlines are also facing aircraft shortages due to maintenance and engine-related problems. IndiGo has been dealing with grounded aircraft linked to Pratt & Whitney engine issues, while Air India has been adjusting operations as it continues fleet upgrades and maintenance work.

The reduced schedules are expected to impact flights on busy domestic routes connecting metro cities and tourist destinations. Airlines have advised passengers to check flight status before travelling and stay updated through official websites and apps.

Both carriers said affected passengers would be informed in advance and offered options including rescheduling or refunds wherever applicable.

Despite the temporary cuts, aviation experts believe domestic air travel demand in India remains strong. Airlines are expected to restore normal operations gradually once operational constraints ease and more aircraft return to service.

Also Read: Adani Green commissions giant 2.5 GWh battery system in Gujarat

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Taiwan surpasses India in Global Stock Market race

The global rush toward artificial intelligence has reshaped stock market rankings, with Taiwan moving ahead of India to become the world’s fifth-largest stock market.

Taiwan’s rise has been driven mainly by strong gains in technology and semiconductor stocks, especially Taiwan Semiconductor Manufacturing Company. The company, one of the world’s largest chip manufacturers, has seen its market value rise sharply as demand for AI-related technology continues to increase globally.

The growing use of AI in sectors ranging from cloud computing to data centres and consumer technology has increased the need for advanced chips. This surge in demand has brought strong investor interest into Taiwan’s technology-heavy market, helping its overall market capitalisation climb.

India, which had earlier moved ahead in global rankings, continues to benefit from strong domestic investments, infrastructure growth and retail participation. However, Taiwan gained an advantage from its concentration of technology companies at a time when AI-linked stocks are attracting significant global investments.

This development reflects how a single high-growth sector can significantly influence overall market value. Technology and semiconductor companies have become key drivers of global market movements, especially as investors continue to bet on the future growth of AI.

The experts say that these market rankings can change frequently depending on sector performance and global investor sentiment. While Taiwan has taken the lead for now, India’s broader economic growth and diversified market base continue to remain important strengths.

Also Read: Telangana secures ₹13,600 cr refinance for Metro debt

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Gold dips to ₹1.58 lakh, silver holds at ₹2.85 lakh

Gold prices remained near record levels on May 27, with the yellow metal touching ₹1.58 lakh per 10 grams, while silver held steady at around ₹2.85 lakh per kilogram, reflecting continued strength in the precious metals market.

Prices across states and major cities witnessed slight variations due to local taxes and market factors. Delhi, Maharashtra, West Bengal, Tamil Nadu, Karnataka and Kerala largely followed the broader national trend, with gold rates remaining elevated despite marginal fluctuations during the day.

Despite limited movement during trading, both gold and silver continued to stay at high levels as investors tracked global developments and economic indicators. Market participants remained cautious, with prices responding to shifts in international sentiment and broader financial market trends.

Traders said gold prices continue to be influenced by several international factors, including movement in the US dollar, interest-rate expectations and geopolitical developments. Ongoing uncertainty in global markets has also sustained demand for safe-haven assets such as gold.

Silver remained largely stable and followed the broader trend in the bullion market. Apart from investment demand, silver prices are also influenced by industrial consumption, making them sensitive to both economic activity and global sentiment.

Potential buyers are delaying purchases in anticipation of price corrections, while others continue to prefer precious metals as a protective investment during uncertain times.

Also Read: Sensex slips 120 points, Nifty near 23,900 in volatile trade

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Telangana secures ₹13,600 cr refinance for Metro debt

The Telangana government has arranged a ₹13,600 crore refinancing package for the Hyderabad Metro Rail Phase I project, aiming to ease its debt burden and improve financial stability.

The refinancing will be used to restructure existing loans taken for the metro project, helping reduce repayment pressure and improving cash flow management. Officials said the step is intended to ensure smoother financial operations and long-term stability of the system.

Hyderabad Metro Rail is one of the city’s key public transport networks, connecting major residential, commercial and IT corridors. It serves a large number of daily commuters and has helped reduce road traffic congestion.

The project, developed under a public-private partnership model, has been under financial strain due to high construction costs and accumulated debt. The new refinancing arrangement is expected to address these issues and support more sustainable operations.

Officials said the move will improve the project’s balance sheet and reduce immediate repayment obligations. It is also expected to support future planning and operational efficiency.

The state government has been focusing on strengthening urban infrastructure and ensuring that large transport projects remain financially viable.

Experts say refinancing such large infrastructure projects can help restore financial stability and improve investor confidence in long-term public transport systems.

The Hyderabad Metro continues to be a major part of the city’s transport network, offering faster and more reliable connectivity across key areas. With the new financial support, authorities aim to maintain steady services and improve efficiency.

The deal is seen as a key step in stabilising the metro’s finances while ensuring continued service for commuters in Hyderabad.

Also Read: Diesel shortage pushes freight costs higher

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Government open to feedback on capital gains tax

The government has said it is open to hearing suggestions on reducing capital gains tax on stock investments, keeping the discussion open for investors and market participants.

Nirmala Sitharaman said the government is willing to listen to views on long-term capital gains (LTCG) and short-term capital gains (STCG) taxes. Her comments come at a time when concerns over foreign investor outflows and market activity are being discussed.

However, she did not announce any immediate changes in tax rates. Instead, she said the government is ready to consider feedback from stakeholders before taking any decision.

Capital gains tax is charged on profits earned from selling investments such as shares and other financial assets. Different tax rates apply depending on how long an investment is held.

Many investors and market experts have been calling for a review of these taxes, saying lower rates could encourage more investment and improve market participation. Some believe tax changes could also help attract foreign investors.

At the same time, any decision on tax reduction would also involve balancing government revenue and broader economic priorities.

Also Read: SEBI plans new rules for Options Trading

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Diesel shortage pushes freight costs higher

Truck operators across parts of the country are facing difficulties due to a diesel shortage, leading to higher transportation costs and concerns over possible increases in prices of essential goods, including vegetables.

Transporters say the shortage has disrupted operations and increased waiting times for fuel supply, affecting the movement of trucks. As a result, many operators are planning to increase freight charges to manage rising costs and operational pressure.

In Bengaluru, truckers have proposed a freight rate increase of around 10%. Industry representatives said the decision was being considered to offset higher expenses linked to fuel availability and transport operations.

Any increase in freight rates is expected to affect the prices of goods that depend heavily on road transport. Vegetables and other daily-use items could become costlier as transportation expenses often influence retail prices.

Truck operators said the situation has created challenges for drivers and transport businesses, especially for long-distance movement of goods. Delays in fuel availability can also affect supply chains and delivery schedules.

The transport sector plays an important role in moving food products, industrial goods and consumer items across states. Any disruption in transport operations can have a wider impact on markets and supply systems.

Traders and market observers have expressed concern that higher transport costs could eventually be passed on to consumers. Vegetable prices, in particular, could see an impact if freight charges rise further.

Also Read: RVNL Q4 profit falls 43%, shares slip over 4%

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Government eases LPG rules for PNG shift

The central government has changed LPG rules to make it easier for people to switch from LPG cylinders to piped natural gas (PNG). The move is expected to help consumers shift to piped gas without facing lengthy procedures or extra difficulties.

Under the revised rules, customers who want to move to PNG will find the process simpler than before. The changes are aimed at reducing paperwork and making the transition more convenient.

The decision comes as piped natural gas networks continue to expand across many cities in the country. More households are now getting access to PNG connections, which supply cooking gas directly to homes through pipelines.

Unlike LPG cylinders, PNG does not require users to repeatedly book gas cylinders or wait for deliveries. Many consumers prefer it because of its convenience and continuous supply.

Officials said the rule changes are part of efforts to improve consumer convenience and support the use of cleaner fuel options. The government has also been working to increase the use of natural gas as part of India’s broader energy plans.

The revised rules could particularly help people who delayed switching because of concerns related to paperwork or existing LPG connections.

However, LPG cylinders are expected to continue playing an important role, especially in rural and remote areas where piped gas services are not yet available.

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